Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunity as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Let's see how true this plays out going into 2023. I prefer to trade long term and create guides like this for myself to keep me on track. Hope it becomes useful for others as well. Not Financial Advice.
LTC Litecoin looks bearish right now, due to the market conditions. My price target for LTC Litecoin is the Covid lockdown level of $23. Looking forward to read your opinion about it.
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD). The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin...
Trade Idea: Selling Litecoin Reasoning: At key 50 day and 50 4 hour moving average - looking for sellers to win the fight Entry Level: 57.05 Take Profit Level: 52.88 Stop Loss: 58.06 Risk/Reward: 4.13:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Litecoin Intraday We look to Sell at 59.93 (stop at 61.59) Posted a Double Top formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We can see no technical reason for a change of trend. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 56.03 and 55.00...
Let's consider LTCUSDT today at 3 -day time frame More than a year has lasted downtrend. And finally in June-July 2022 were increased trade volumes that indicate a meticulous struggle between buyers and sellers. Increased trade volumes on a conditional bottom may indicate an attempt to turn the trend for growth. However, Litecoin is an "old coin" and it is...
Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ we expect to see gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 Please, feel free to share your point of view,...
Picture the last rallye as potential wave 1 within a new bullish cycle while litecoin is heading to the end of its corrective wave 2. If this plays out you wont want to miss wave 3...
Here is my view for LTCUSD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Since January's break under 140 support, Litecoin is trading in a descending triangle. The end of March beginning of April break above trend line resistance proved to be a false break and the coin has dropped again to 100 support. As I expect a strong sell-off in all the crypto market, for sure Litecoin will not make an exception and it will dive (in my opinion)...
Hello friends, today you can review the technical analysis on the 1W (weekly) linear scale chart for Litecoin (LTCUSD). The chart shows only the Litecoin price and the similarities between the current market structure and price to the prior bull/bear cycle market structure and price. Though price may move slightly different in both cycles, the overall structure...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Litecoin (LTCUSD). Litecoin has been bouncing around Support and Resistance trend lines and it looks like it may be headed back up to re-test resistance. The resistance is at the 0.382 Fibonacci Retracement which is also near the edge of the red Ichimoku Cloud around...
LTC is looking pretty simmilar to BTC. Support comes in at about 102 - 98$, so I will attempt a long from there. The support is not as well - defined as it is on BTC, so will have to be more careful with this one.
Hello friends, today you can review the technical analysis idea on a 1H linear scale chart for Litecoin (LTCUSD). Litecoin price looks like it may be headed back down from the current price. Keep an eye on my Support and Resistance Trend Lines. The Fibonacci Retracement shows price has possibility getting back to the 0.382 level. There is also Ichimoku Cloud...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTCUSD). Litecoin price on a monthly chart show resistance ahead. Fibonacci Retracement levels shown along with 200 SMA and RSI. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD). The chart is self-explanatory. I am reviewing the current and two prior cycle moves and reviewing the Fibonacci Retracement tool at the 0.618 and 0.5 areas (dead cat bounce zones). Assuming history repeats itself, the price has a potential to get back...
📉 Expecting bullish price action on this crypto coin as price is rejecting from an important psychological barrier which is 100$, this is kind of a risky entry because the strucutre is still bearish. For a more conservative entry wait for a BOS above the previous high, retracement and then enter longs. I will enter on this trade on a smaller risk, if it hits my...